Dogecoin’s Momentum Dips, SHIB Stagnates — BlockDAG’s $216M Surge and 600% Bonus Take the Spotlight

Dogecoin (DOGE) recently formed a short-term Golden Cross pattern on the hourly chart. However, a bearish Death Cross remains on the daily chart, creating a mixed outlook. While DOGE saw a 6% increase, reaching $0.166, its inability to sustain this momentum leaves traders cautious. Shiba Inu (SHIB), meanwhile, shows signs of a potential rebound, driven by increasing on-chain activity. However, significant resistance remains ahead for SHIB.

While DOGE and SHIB remain prominent, a newer cryptocurrency is attracting considerable attention.

BlockDAG (BDAG) is experiencing rapid growth and a strong presale. The presale has surpassed $216 million, with significant investment from large buyers. A limited-time offer, accessible with the code BDAG1200, provides a 600% bonus for early participants. This offer is expected to conclude once BlockDAG's beta testnet reaches full capacity, creating a sense of urgency.

Dogecoin (DOGE): A Mixed Technical Outlook

Dogecoin's recent price increase of 6% to $0.166 briefly resulted in a Golden Cross. This pattern, where the 50-day moving average crosses above the 200-day moving average, often suggests upward price potential. However, the simultaneous presence of a Death Cross on the daily chart complicates the outlook, creating conflicting short-term and long-term signals.

DOGE's 24-hour trading volume reached 71 million, indicating strong interest. Crucially, however, resistance sits at $0.181. Breaking through this level could propel DOGE towards $0.257. Conversely, failure to hold support could lead to a decline to $0.142 or even $0.129. This uncertainty makes predicting the next price movement challenging.

Shiba Inu (SHIB): Potential for a Bounce

Shiba Inu (SHIB) recently reached $0.00001175, an 11% increase over the past week. Its Relative Strength Index (RSI) is around 35, suggesting the asset is oversold and potentially poised for a short-term bounce. However, resistance lies at $0.00001222, with support near $0.00001066. A bullish engulfing candle on the weekly chart has attracted attention, but confirmation is awaited.

Increased activity on Shibarium and a 315% rise in whale inflows suggest growing usage. Despite this, trader sentiment remains mixed, with only 24% expressing optimism. Potential price targets range from $0.00001414 to as high as $0.00002644, depending on momentum.

BlockDAG: Rapid Growth and a 600% Bonus

BlockDAG's presale is setting records, having raised over $216 million and sold over 19.3 billion coins. This surge is fueled not only by the impressive figures but also by a limited-time 600% bonus offered through the code BDAG1200. This bonus will end once the BlockDAG beta testnet reaches capacity.

Currently in Batch 27, each BDAG coin is priced at $0.0248—a significant increase from $0.001 in Batch 1, representing a 2,380% surge. The live testnet offers users 10,000 testnet coins and the chance to win $2,000 in BDAG rewards.

Beyond the presale, BlockDAG is actively developing its platform. The beta testnet includes a real-time explorer, a no-code token creator, decentralized applications (dApps), and weekly airdrops. Over $6.9 million worth of miners have been sold, with more than 17,000 units already distributed. The project has secured 10 centralized exchange (CEX) listings for 2025, setting the stage for a strong market launch. This combination of rapid growth and product development is driving considerable interest in BlockDAG. The high ROI on the presale and the impending expiration of the 600% bonus are contributing to BlockDAG's rising prominence.

Key Takeaways

Dogecoin (DOGE) shows short-term potential, but conflicting technical signals create uncertainty regarding the long-term outlook. Shiba Inu (SHIB) may be nearing a bounce, but confirmation and sustained on-chain activity are crucial.

BlockDAG demonstrates significant momentum, driven by its $216 million presale, the 600% bonus (using BDAG1200), and its active testnet. With over 19.3 billion coins sold, over 17,000 miners purchased, and a price increase of 2,380% since launch, BlockDAG is generating substantial buzz. This current phase offers a prime opportunity for early access before major exchange listings in 2025.